May. 27 at 9:15 PM
$GEV $NIO $VOLT.X
$POW
$NIO
The share price of companies that supply products/technology to generate electricity or build out the grid structure have done very well due to the energy demands of AI data centers. Check out the share prices action of
$GEV VOLT, CGEH and POW over the past 3 months. A tremendous amount of battery storage capacity will be needed to stabilize the grid, store excess energy produced during off peak hours and supply immediate power on demand during high use periods.
Now consider the fact that Nio has 3860 battery storage nodes countrywide with plans to add 800 more by the end of the year. Their new Generation 5 stations can store more battery capacity. These stations serve a dual purpose: power storage/grid stabilization and to recharge the growing number of EV vehicles. Nio Power services will be in high demand as AI energy requirements grow.